The executive chairman of Genuine Parts Co., Thomas Gallagher, is retiring effective June 30, 2017.
Gallagher, who has served the company for 47 years, will continue to serve as the non-executive chairman of the board following his retirement.
Paul Donahue, CEO and president says, "Tom positively influenced every aspect of the organization during his exceptional career, and his leadership as president from 1990 to January 2012 and CEO from 2004 to May 2016 guided our significant growth over this period. We are forever grateful for his many contributions to the company and we wish him the very best for the future."
Gallagher has served as chairman since 2005.
In a separate announcement, the company says the board of directors has elected Sidney Jones as the senior vice president of investor relations. Jones has been with the company for 27 years and previously served as vice president of investor relations.
Donahue says, "Sid has successfully led our investor relations efforts since 2003 and is well deserving of this expanded leadership role. He has distinguished himself with his broad financial and business knowledge and communicates our company's message to both internal and external parties with critical insight and understanding. We look forward to his many future contributions."
For more information on Genuine Parts Co., visit www.genpt.com.